The California PUC announced that it opened a review of Pacific Gas & Electric's safety culture and ability to provide safe energy service

The PUC said in a news release that, "In the next phase of this proceeding ... the CPUC will consider a range of possibilities. The CPUC has not drawn any conclusions but will use an illustrative set of proposals to receive input from the public before determining how to move forward. The set of proposals includes examples such as: should some or all of the existing PG&E and PG&E Corp. Board of Directors be replaced by Directors with a stronger background and focus on safety; should PG&E retain new corporate management; should the CPUC condition PG&E’s return on equity on safety performance; should PG&E’s natural gas and electric distribution and transmission divisions be split into separate companies controlled by a holding company; should PG&E’s corporate structure be reorganized with regional subsidiaries based on regional distinctions; should the CPUC revoke holding company authorization so PG&E is exclusively a regulated utility; should some or all of PG&E be reconstituted as a publicly owned utility or utilities."

Proceeding I.15-08-019

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California   PG&E   Pacific Gas & Electric  

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